Irish Economy to Slow on Falling Exports, Bank of Ireland Says

Ireland’s economy is set to slow in 2026 as pharmaceutical exports moderate, according to a Bank of Ireland Group Plc forecast.

The bank sees gross domestic product of 2.8% for 2026, compared to a forecast of 11.2% for last year off the back of pharmaceutical companies front-loading to avoid potential tariffs imposed by US President Donald Trump. Negative GDP growth can’t be ruled out this year, if exports fall back sharply in the manufacturing hub, the bank added.